Coal produced around 37% of the world’s electricity in 2019. More than 40 countries have committed to shift away from coal, in pledges made at the COP26 climate summit. Major coal-using countries including Poland, Vietnam and Chile are among those to make the commitment. But some of the world’s biggest coal-dependent countries, including China and […]
How much of the world’s energy comes from fossil fuels and could we replace it all with renewables? – EQ Mag Pro
Climate explained is a collaboration between The Conversation, Stuff and the New Zealand Science Media Centre to answer your questions about climate change. How are fossil fuels formed, why do they release carbon dioxide and how much of the world’s energy do they provide? And what are the renewable energy sources that could replace fossil […]
Europe’s Energy Crisis Shows the Downside of Fossil Fuels – EQ Mag Pro
The global rise in energy prices shows, in a way, what a chaotic transition to greener power looks like. One remedy to volatile fossil-fuel costs is more renewables. Take Europe for example. Wind speeds have been below average this year, which has led to a greater reliance on natural gas. That phenomenon coincided with a […]
Global Investors Pump Hundreds of Billions Into Renewables in Shift From Fossil Fuels
Despite the mammoth disruption caused by the global COVID-19 pandemic throughout 2020, the top global debt and equity investors nevertheless continued to pour capital into the renewable energy sector, accelerating their race away from the climate-related risks associated with fossil fuel assets. A total of $US501 billion ($A683 billion) was invested in the clean energy […]
New Report Finds G-20 Member Countries Support Fossil Fuels at Levels Untenable to Achieve Paris Agreement Goals
New Report Finds G-20 Member Countries Support Fossil Fuels at Levels Untenable to Achieve Paris Agreement Goals. BloombergNEF and Bloomberg Philanthropies report reveals G-20 member countries have given more than $3.3 trillion in subsidies for coal, oil, gas, and fossil-fuel power from 2015-2019 U.N.-convened Net-Zero Asset Owner Alliance, representing over $6.6 trillion assets under management, […]
Egypt’s President Urges Establishing Integrated Strategy For Producing Green Hydrogen
The strategy is meant to empower Egypt to generate and use hydrogen using renewable energy instead of fossil fuels. Egyptian President Abdel-Fattah El-Sisi urged on Saturday the preparation of an integrated national strategy for the production of green hydrogen in light of the growing international interest in this promising source of energy for the near […]
Australia’s Case For Fossil Fuels Weakens as Solar And Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
Australia’s Case For Fossil Fuels Weakens as Solar and Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
China Key to Vietnam’s Solar Success
A rapid rise in Vietnam’s solar power has been boosted by Chinese finance and technology, but more support is still going to fossil fuels. Dau Tieng Solar Power Project, a photovoltaic power farm with a total capacity of 600 MW, located 100 km from Ho Chi Minh City in the south of Vietnam Vietnam has […]
Could Africa Be the Next Renewable Energy Heaven?
It has been 13 years since the World Bank concluded that Africa had “huge technical potential for clean energy projects.” More than a decade after, how much has Africa lived up to this potential? The African Development Bank Group found that some 640 million people do not have access to energy in Africa, with more […]